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Forum Post: More Evidence Emerges on How Obama Protects Wall Street Criminals

Posted 9 years ago on Aug. 13, 2012, 4:54 p.m. EST by kaiserw (211)
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A brief and important article here by Eileen Foster in Rolling Stone. Eileen was a Home Loans executive at Countrywide in 2007. When she started to blow the whistle on gigantic fraud at the company she became a target. She states that:

Countrywide managers went after my job and reputation, intimidating witnesses and altering statements.

We opened many of these investigations on whistleblowers’ tips. Later I learned that many of those reporting or challenging fraudulent practices were transferred, demoted, harassed or fired in reprisal. To suppress whistleblowers and their concerns, Countrywide directed them to report their allegations to the suspect officials’ managers. It was a trap, and the system was rigged. Instead of taking action, the managers would then share the information with the suspects themselves, who would then hit back at the whistleblowers.

Since then, I’ve found there were scores of whistleblowers inside Countrywide and then BofA. Trumped-up investigations were widely used to discredit us. The inner circle at both corporations operated like the mob: company staff, including attorneys, often worked to silence employees, using weapons like blacklisting, hush money and confidentiality agreements. The upper echelons at BofA attempted to buy my silence with more than $200,000; I refused. Instead I chose what could become a decade-long battle to see the guilty held accountable.

Over the last 10 years, the Department of Labor has found merit in less than 2% of over 1200 whistleblowers cases brought under the Sarbanes Oxley Act. The vast majority having been dismissed on legal technicalities without any investigation into the potential crimes being reported.

The Obama administration plans to add thousands of investigators to enforce the health care reform law, but has added just 25 positions to investigate whistleblower claims.

The Department of Injustice hard at work once again! I suppose Eric Holder was simply too busy smuggling semi-automatic weapons into Mexico http://libertyblitzkrieg.com/2012/06/10/eric-holder-claims-emails-using-words-fast-and-furious-dont-refer-to-operation-fast-and-furious/ to be bothered with investigating the greatest theft in American history.

Full article here. http://www.rollingstone.com/politics/blogs/national-affairs/the-obama-administration-needs-to-tap-not-stiff-arm-wall-street-whistleblowers-20120809



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[-] 2 points by DouglasAdams (208) 9 years ago

There have been predictions that the US economy was piloted way off course into a proverbial arctic sea in the middle of autumn by Rear Admiral Ronald Reagan.The Good Ship Lollipop is surrounded by icebergs. Soon the sea will freeze. There are two probable outcomes. 1) The sea will freeze and the passengers and crew can walk away on the frozen sea without food, water, fuel and freeze to death and be eaten by polar bears and arctic wolves. 2) Global warming will keep the sea from freezing. Icebergs will collide with the Lollipop and it will sink to the bottom of the sea with passengers and crew either drowning or lost at sea in lifeboats.

Wall St is supposed to have the captains of industry and finance plotting the course for US economy. The Pirates of the Caribbean are in control of Wall St and Obama doesn't know the difference.

Max Keiser on Aliens and Bankers http://www.youtube.com/watch?v=vDwO08IQR9A&feature=youtu.be [right click]

[-] 2 points by Cocreator (306) 9 years ago

General Assembly, Citizens Audit Committee, Citizens Arrest Committee, Peoples Court, No Judge Judy, Let us conduct independent investigations, We Have The Evidence..Present day courts a bought and paid for, and offer no representation..By The People For The People.. Lets Do It To It..